The 55-year-old, who helped Parma retain their Serie A status this season and previously spent four years in England with Chelsea, replaces Didier Deschamps who quit on May 26 after guiding Juve back into Serie A.

Ranieri will begin his spell with the Italian giants on July 1 and his contract runs until June 30, 2010.

The Italian coach, who has also had spells with Valencia in Spain, had recently been linked to the manager's post at English Premiership side Manchester City.

Juventus are hoping Ranieri will help the club achieve their domestic and international objectives.

"For Juventus he was seen as the right choice to match the objectives and tradition of this club," the club said.

"He is a man of experience with a good knowledge of international football, capable of taking the club forward.

"With Claudio Ranieri we open a new season rich with ambition and new opportunities."

Ranieri has also coached in Serie A with Cagliari, Napoli and Fiorentina.

Known as 'The Tinkerman' in England for his squad rotation policy with Chelsea, Ranieri also coached in Spain, enjoying two spells with Valencia and a brief stay in charge of Atletico Madrid.